NOT LISTED FOR SALE

502 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $5,208,000 - $7,318,615

6 Beds
5.5 Baths
3,800 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $2,608,594 $686 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $38,367/month

410 Days on Market

Highlights

  • Beach Front
  • Marina
  • Golf Course Community
  • Sullivans Island Elementary School Rated A
  • Boat Ramp
  • In Ground Pool

About This Home

As of February 2016

Ocean front home in the 500 block of Ocean Blvd on the Isle of Palms, what more could you ask for. If you have seen this home in the past, you will not recognize the home. We have just completed an extensive renovation to the entire exterior of the home/completed May, 2013. Work competed includes: Remove all wood siding remaining on the house. We re-wrapped the house with felt and properly flashed the areas that require flashing, locations such as the water table band, roof rakes, and window and door heads. We then installed new cement siding and trim in accordance to manufacturers specs and guidelines. We replaced the front porch columns with square fiberglass columns that are resistant to rot along with replacing all handrails with #1 kiln dried pre-primed pickets and 2x4 top rails and bottom rails along with garapa wood rail caps. All done with stainless fasteners. Soffits and facia are wrapped with beaded vinyl soffits and metal facia. New insulated garage doors were installed with openers. Step lighting on the front steps were replaced with new low-voltage lights. All siding was pre-primed and painted with 2 finish coats of quality paint as we're all porch beams, bands and ceilings. Roof was replaced in 2011 and pavers were installed around pool at the same time. This house looks brand new on the outsider. This home features 6 bedrooms and 5 baths with a private ocean front swimming pool. Please ask for rental history.

Last Agent to Sell the Property

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 05/10/2013

Co-Listed By

Beau Hollingsworth

Salmonsen Realty License #44095

Last Buyer's Agent

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 05/10/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,486

Year Built

  • Built in 1990

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 74x396x74x396
  • Beach Front
  • Wood Fence
  • Level Lot
  • Irrigation

Parking

  • 1.5 Car Garage

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dual Closets

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near a bus stop

Schools

  • Sullivans Island Elementary School
  • Laing Middle School
  • Wando High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Isle Of Palms Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,486

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional, Victorian
  • Year Built: 1990
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.67
  • Lot Size: 74X396X74X396
  • Co List Office Mls Id: 1556
  • Subdivision Name: Isle of Palms
  • Directions: Comeover Isle Of Palms Connector, Straight Thru Redlight To Ocean Blvd. Home Will Be On Left In 5th Block Of Palm Blvd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: 4108
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: High Ceilings, Wet Bar, Eat-in Kitchen, Entrance Foyer, Separate Dining
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: Level
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 1.5
  • Garage Spaces: 1.5
  • Parking Features: 1.5 Car Garage
  • Total Parking Spaces: 1.5

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Bus Line, Club Membership Available, Dock Facilities, Golf Course, Marina, Pool, Trash

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Laing

Lot Info

  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2019
Sold by
James Towne Village Llc
Bought by
G And G Sade Llc
Total Days on Market
410
Current Estimated Value
$6,218,904

Purchase Details

Listed on
May 10, 2013
Closed on
Feb 24, 2016
Sold by
502 Ocean Blovd Llc
Bought by
James Towne Village Llc
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Jamie Hollingsworth
Salmonsen Realty
List Price
$2,608,594
Sold Price
$2,608,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Mar 25, 2008
Sold by
Overton Tina L
Bought by
502 Ocean Blvd Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Overton Jonathan A
Bought by
Overton Tina L

Purchase Details

Closed on
May 10, 2007
Sold by
Son Beach Adventures Llc
Bought by
Overton Jonathan A

Purchase Details

Closed on
Sep 28, 2004
Sold by
Gucci House Lp
Bought by
Son Beach Adventures Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
G And G Sade Llc -- None Available
James Towne Village Llc $2,608,594 --
502 Ocean Blvd Llc -- --
Overton Tina L -- --
Overton Jonathan A $3,500,000 None Available
Son Beach Adventures Llc $2,600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $2,608,594 0.0% $686 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
05/10/2013 05/10/13 For Sale $2,608,594 -- $686 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $41,486 $181,170 $0 $0
2022 $38,902 $180,090 $0 $0
2021 $38,458 $180,090 $0 $0
2020 $37,930 $180,090 $0 $0
2019 $34,759 $156,600 $0 $0
2017 $33,247 $156,600 $0 $0
2016 $28,876 $141,660 $0 $0
2015 $27,504 $141,660 $0 $0
2014 $27,299 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 1312226

CHS Regional MLS

APN: 568-10-00-183